Global Equity on WebNotes

MSCI Emerging Markets Index

Tue, 12 May 2026 00:00:00 +0000

The MSCI Emerging Markets Index (commonly abbreviated as MSCI EM) is a free-float adjusted market capitalisation-weighted equity index maintained by MSCI Inc. (previously Morgan Stanley Capital International), covering large- and mid-cap stocks across 24 emerging market (EM) countries. First launched in 1988, the MSCI EM is the most widely referenced benchmark for the emerging markets equity asset class globally, with over USD 1.7 trillion in assets benchmarked to it as of 2024. For Indian mutual fund investors, the MSCI EM Index is the benchmark used by fund-of-fund (FoF) schemes and overseas ETF feeder funds that invest in emerging markets equities.

MSCI World Index as an Indian Mutual Fund Benchmark

Tue, 12 May 2026 00:00:00 +0000

The MSCI World Index is a free-float adjusted market capitalisation-weighted equity index maintained by MSCI Inc. that covers large- and mid-cap stocks across 23 developed market (DM) countries. Despite the name, the MSCI World Index does not include emerging market countries (for a global index including EM, MSCI publishes the MSCI ACWI – All Country World Index). For Indian mutual fund investors, the MSCI World Index – or its total return variant – is the benchmark for feeder funds and fund-of-funds (FoFs) that invest in diversified developed market equities, providing geographic diversification beyond the Indian domestic market.